Unresolved succession plans and informal ownership structures are fuelling bitter family fights across India's corporate boardrooms.
The Mumbai police are planning to regulate the entry and exit of visitors at Galaxy Apartments, the residence of Bollywood actor Salman Khan in Bandra, following incidents of trespassing on the premises. The actor, who has received threats from the Lawrence Bishnoi gang, has already been provided Y-plus security cover. Earlier this week, the police arrested a man and a woman for allegedly separately trespassing at Khan's building. The official said considering threats the actor has received and trespassing incidents, the police are thinking of regulating the entry of visitors and improving the security arrangements. He said since it is a private building, checking every visitor can be a challenge. According to sources, new visitors will be required to confirm their identity from the residents of the building to gain entry.
Kishore Chhabria and Vijay Mallya have called truce. What drove Mallya to the negotiating table? What does it mean for Chhabria?
Prithvi Shaw's inclusion comes as a fresh lease of life for the explosive batter who found himself out of reckoning in the Ranji Trophy.
Bonny Chhabria had been detained in Dubai along with three others on drug-related charges.
The Chhabria-promoted Rs 1,200 crore (Rs 12 billion) Allied Blenders & Distillers will launch two brandy brands in South India next month.
Leaving behind rivalry over acquisition of shares of liquor company Herbertsons Ltd, the UB group and the Chhabrias on Monday agreed in the Supreme Court
Ranibai Rajaram Chhabria, mother of late Manohar Rajaram Chhabria, has challenged the merger of Shaw Wallace with the UB Group saying she was entitled to a fifth of her deceased son's estate.
United States President Barack Obama created another historic moment for the Indian American community Thursday by nominating Vince Girdhari Chhabria, 43, to become a federal judge on the US District Court for the Northern District of California. If confirmed, Chhabria will be the first person of South Asian descent to ever serve as an Article III judge in California's history.
Following the Securities Appellate Tribunal directive, Kishore R Chhabria, Madanlal D Chhabria and associates have made an open offer to shareholders of Herbertsons Ltd to acquire additional 20 per cent stake at Rs 90.50 per share plus interest.\n\n\n\n
Mallya has been contending that he is the rightful owner of 'Officers Choice' and not Chhabria who currently owns it under his company Allied Blenders and Distillers.
Sebi, in an affidavit, said its August 1 order asking Mallya and Chhabrias to make open offers to divest their stakes in excess of 21.38 per cent and 10 per cent shares respectively in Herbertsons Ltd, should be upheld by the Apex Court.
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Automobile designer Dilip Chhabria nurtures global ambitions, wants to go mass-market in India and diversify into areas like furniture, refrigerators and television.
Vijay Mallya has been contending he is the rightful owner of Officer's Choice whisky and not Kishore Chhabria
The United State senate has confirmed Indian-American Vince Girdhari Chhabria as the federal judge of the US district court for the northern district of California.
Kishore R Chhabria and associates on Saturday revised the terms for their open offer for Herbertsons Ltd saying they will pay the 15 per cent interest on offer price
Take a look at the arrivals.
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Automotive designer Dilip Chhabria is planning to raise about Rs 100 crore to fund a new super-luxury car project for DC Design that he promotes, banking sources said on Tuesday.
AAI funds for smaller airports: Patel
Pictures from a star-studded night.
McDowell's, the whisky brand owned by USL, sold 19.27 million nine-litre cases of Indian made foreign liquor whisky in 2012, compared to Officer's Choice whisky, owned by the Chhabria-led Allied Blenders & Distillers, which sold 18.55 million cases.
'Business families like the Godrej group are increasingly realising that an amicable settlement is better.' 'Else, the wealth of all shareholders gets destroyed.'
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